Grounded People Apparel Inc. announced a non-brokered private placement of 347,222 units at an issue price of CAD 0.72 per unit for gross proceeds of CAD 249,999.84 on November 4, 2022. Each unit consist of one common share and one transferable share purchase warrant to acquire an additional common share for a term of two years from issuance at a price of CAD 0.90 per share. All securities issued under the financing are subject to a statutory hold period of four months and a day, expiring on March 5, 2023.